---
schema_version: "secwatch.filing_event.v1"
accession: "0001101215-25-000092"
form_type: "8-K"
ticker: "BFH"
cik: "0001101215"
company_name: "BREAD FINANCIAL HOLDINGS, INC."
filed_at: "2025-05-21T23:59:59+00:00"
generated_at: "2026-05-20T22:10:22.618375+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Bread Financial launches up to $150M cash tender offer for 9.75% Senior Notes due 2029

## Summary
- Offers to repurchase up to $150M of its $900M outstanding 9.750% Senior Notes due Mar 2029 via modified Dutch auction.
- Holders tendering by June 4, 2025, 5:00 PM ET receive an extra $50 per $1,000 principal (early participation amount).
- Acceptable bid range: $1,040-$1,080 per $1,000 principal. Tender offer expires June 20, 2025.
- Early settlement expected June 9, 2025; final settlement June 25, 2025.
- J.P. Morgan is sole lead dealer manager; BMO, CIBC, KeyBanc, RBC, Scotia, Truist, Fifth Third, U.S. Bancorp, Wells Fargo are co-dealers.

## SEC filing metadata
- accession: 0001101215-25-000092
- form_type: 8-K
- ticker: BFH
- cik: 0001101215
- company_name: BREAD FINANCIAL HOLDINGS, INC.
- filed_at: 2025-05-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1101215/000110121525000092/0001101215-25-000092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1101215/000110121525000092/bfh-20250521.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001101215-25-000092
- JSON: https://secwatch.observer/filing/0001101215-25-000092.json
- Plain text: https://secwatch.observer/filing/0001101215-25-000092.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.